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's royal family to its former prime minister, the allegations of hacking by rupert murdoch's media empire could have a global impact. east africa's drought is labeled the world's worst, but with so many in need, why is one refugee camp in kenya completely empty? and it is a question of identity. for native americans, the system has long helped define their tribes, but times have changed. welcome to our viewers on pbs in america and also around the globe. another day and yet more extraordinary revations in the hacking scandal surrounding rupert murdoch's media empire. first came a story that the news of the world reporters tried to buy top-secret information about the royal family from one of its protection officers. in a separate case, another murdoch paper is alleged to have targeted personal liberation of the former prime minister when he was chancellor. >> the head of state, the royal family, her and their security is the duty of the police in the royal protection branch. the integrity of those officers must surely be beyond a doubt, but this morning, i learned that "news of the world"
to say that this is the most humbling day of my life. >> rupert murdoch and his son james are in the hot seat as british lawmakers grilled them up over what they knew about the phone hacking scandal. scheduled for execution, mark stroman is set to die by lethal injection. hoping to make a splash in the london olympics, with just a year left to go, we follow one british swimmer working hard to make the cut. welcome to our viewers on pbs in america and also around the globe. shocked, appalled, a shame, the words that british -- that rupert murdoch used before british lawmakers. he was addressing the scandal which has sent shock waves through the metropolitan police. appearing beside his son, the senior murdoch apologized for the hurt that has been caused but maintained he was not responsible. the proceedings were interrupted by a demonstrator using a plateful of foam. >> the policemen are there to protect rupert in james murdoch, not taken in for questioning. that job fell to a committee of and peace. that tycoon's wife was behind him offering physical and emotional support. his son and on
by trying to throw a plate of shaving cream at rupert murdoch. following the murdoch's rebecca brook who's resign head of operations last friday and arrest and questions by police on sunday. brooks, a former editor of news of the world denied prior knowledge of the phone alletions but apologized to the victims. >> it was cruel and i have regrets. just the idea that phone access was by someone of the news of the world is abhorrent to me as it is to everyone in this room and it's ultimate regret the speed in which we have found out and tried to find out the bottom of the investigations have been too slow. i think james a rupert both accepted that earlier and we're endeavoring to continue to continue to investigate. but of course there are regrets. don't know anyone in their right mind who would authorized no sanction approval for anyone listening to the voice mails of those circumstances. i don't know anyon who would think it was the right and proper thing to do at this time or at any time. >> charlie: also appearing s sir paul hnson the head of scotland yard who resigned sunday. the heari
, and bang, we have that. there you are. is this going to do us any damage? rupert murdoch, this scandal? >> aside from the scandal, i killed that for the journalists. if, and when, the other shoe drops on the side of the ocean, eric holder's justice department is considering subpoenas. i do not think it will be as fun and dramatic as what we have seen out of london, but i do think there is another shoe to drop here. >> i think it has sort of appalled people how close we get to our sources. in england, this was out of control, where the government was being run by a news organization. politicians were terrified of the murdoch operation. some of my friends work for him and i know something about it. they took it for granted that they would go over to downing street to talk to the prime minister. you are never going to be able to pop into the oval office and tell the president what he should do. >> i will never be accused of being too cozy with the president. part of this story is who is covered which aspects of the story? part of it is about rupert murdoch. part of it is about "news of th
to andrew edgecliff johon about you rupert murdoch and the news corporation case in london. >> i tell you today is not the end of the story but with the resignation of rebecca brooks on tuesday, this is a story which will run for months if not years with police investigations, judicial inquiries, lawsuits and any number of other threats still piling up against the company, but it's a significant day. >> charlie: the president's press conference, global implications for europe and the united states and the rupert murdoch case. funding for charlie rose was provided by the following: every story needs a hero we can all root for. who beats the odds and comes out on top. additional funding provided by these funders: but this isn't just a hollywood storyline. it's happening every da all across america. every time a storefront opens. or the midnight oil is burned. or when someone chases a dream, not just a dollar. they are small business owners. so if you wanna root for a real hero, support small business. shop small. additional funding pvided by these funders: captioning sponsored b rose commun
'brien. pulling the plug on a major deal. rupert murdoch's news corporation ditches its bid for bskyb. mumbai under attack again. three explosions rocked india's financial capital, killing at least 21 people. and on at libya's front line, and to counter attack by colonel gaddafi's forces against rebels advancing on tripoli. >> you can hear it. ♪ >> welcome to our viewers on pbs in america and also a round the globe. the last few days have brought in a credible reversal of fortune for rupert murdoch's media empire. today came another blow. public and political pressure, news corporation withdrew its bid for bskyb. it is another casualty of the hacking firestorm. now prime minister david cameron has announced details of a far- reaching inquiry into recent events. for more on how the deal went bust, here is the bbc business editor. a warning, there is some flash photography. >> rupert murdoch, the great news mogul, in the news for the wrong reasons. putting on a brave face before one of the great humiliations' of his career, the abandonment for his attempt to take over bskyb. here is the explo
twitter. >> i am going to make history as the first president to live tweet. >> rupert murdoch's tabloid giant "news of the world" is dead, a shame. >> it finally breached a trust with readers. captioned by the national captioning institute --www.ncicap.org-- >> for the record, and unemployment rose to 9.2% last month, even though the economy added 18 at thousand jobs. still no deal on the debt limit. they are going to work over the weekend. the president and speaker boehner have been talking about a plan that would cut $4 trillion at government spending over the next 15 years, but how you do that? close tax loopholes, reduce tax deductions? what republicans ever dared to do that? will democrats ever signed onto cuts in medicare and social security? >> democrats, suck it up. put the entitlements on the table and make sure at the end of the 80's are still programs that serve the public -- at the end of the day these are still programs that serve the public. >> dick durbin. all sounds so reasonable, why can they not get done? >> i don't know why. i do know why. if you look at the polling d
in hiring andy coleson. rupert murdoch, his son james and news international chief executive rebekah brooks have been summoned to appear before a parliamentary committee next tuesday. questions have begun to arise about the impact this scandal will have on the future of murdoch's global media empire and what it pact it will have on british politics and the future of prime minister david cameron. his press spokesman andrew coleson, former editor of "news of the world" has resigned and has been arrested. joining me from london, alan rusbridger, the editor of "the guardian," catherine mayor, "time" magazine london bureau chief. the cover story on "time" is hers and alister campbell, former communications director to prime minister tony blair. joining me frocambridge, john burns, the "new york times" london bureau chief. here with me in new york is roger cohen oor"new ykim tes" t and josh tie ren tie ren jell of blooplberg business week. where is the story as we speak? >> everyday brings another startling turn in this story. todas big turn was the dpe sigs by rupert and james murdoch james bein
, including an attack on media mogul rupert murdoch by a prankster armed with a plate of shaving cream. good evening. i'm jeffrey brown. >> ifill: and i'm gwen ifill. on the newshour tonight, we examine today's proceedings where the head of news corp said he was shocked, appalled and ashamed, but not responsible for the misdeeds. we talk to john burns of "the new york times" and david folkenflik of npr. >> brown: then, we ask nuclear regulatory commission chair gregory jaczko if u.s. reactors could withstand an earthquake like the one that devastated japan. >> ifill: from indonesia, ray suarez reports on the challenges and the troubles facing one of the world's largest democracies. >> it made tremendous strides politically and economically but still struggles with corruption. >> brown: kwame holman updates the budget battles as the house and senate offer dueling plans for reducing the deficit. >> ifill: and judy woodruff explores the deadline-driven deal cutting underway with political editor david chalian. >> brown: plus, in a season of tornadoes, floods and more, we get some poetic perspec
to rupert murdoch's giant media empire. it's "nightly business report" for wednesday, july 13. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. late today, the aaa credit rating of the united states was officially put on notice. moody's investor service placed the government's bond rating on review for possible downgrade. without a debt deal on capitol hill, moody's points to a "small but rising risk of a short-lived default" tom, that warning comes as the federal reserve says its ready to add more fuel to the economy if the recovery runs out of gas. >> tom: susie, fed chairman ben bernanke made that pledge during his semiannual congressional testimony today. that helped investor confidence, at least initially. stocks rallied sharply during the chairman's testimony but backed off those highs as the day wore on. by the close, the dow was up just 44 points, the nas
circulation in the u.k. and has worldwide reach. >> rupert murdoch, 1969, shortly after he bought a newspaper, "the news of the world," that was to become his very profitable pride and joy. >> 4 give the individual by all means, but you cannot forget. >> 42 years later, he might well have made the same remarks about the person at the paper became fairly rotten and whose action shocked the nation. the paper, which has been printed for 168 years, became indelibly linked with the worst practices in journalism. james murdoch concluded it could not be amended. >> clearly, practices of certain individuals did not live up to the standards and quality of journalism that we believe in and that i believe in. and that this company believes in. this company has been a great investor in journalism, a greater investor in media in general, and it is something that we believe very strongly and. clearly, certain activities did not live up to those standards. that is a matter of great regret for me personally and for the company. >> there were revelations about alleged hijacking of a mobile phone, and of the f
. the action comes a day before c.e.o. rupert murdoch and his son, james, testify before the british parliament tomorrow morning, but our guest tonight says newscorp stock is still his top pick. joining us now? jason bazinet, media analyst at citigroup. hi, jason, nice to you have with us. >> thank you so much. >> susie: let's start right off with that stock. it's been down sharply since the scandal broke. and you said in a citi report that news corporate is quote too compelling to ignore. tell us why you are so bullish on the stock? >> well, there are a couple of reasons the stock is down some of. one is several weeks ago people expected news corporate to consolidate all of bskyb and now that is not happening. it disappoint investors. and second you have this broadening scandal. but when we look at the numbers news corp. is trade being 10 times forward earnings. and parently they have about 12 billion of cash on the balance. if you make that adjustment and remove the cash from the market capitalization they are trading closer to 6.5 times earnings. that's too compelling to ignore. >> what abou
, judy. >> brown: the "news of the world" scandal in britain took new turns today. the rupert murdoch tabloid is shutting down on sunday amid allegations that reporters hacked into phones of murder victims and the families of slain soldiers. today, police in london arrested three people, including former editor andrew coulson, who once worked for prime minister david cameron. and cameron himself faced new questions. awe instead of standing in his traditional place at the back of the home watching david cameron speak, he was heading for a south london station where he was arrested and questioned on suspicion of conspiracy to hack phones and on suspicion of bribing police officers. >> i made that decision to employ andy. he had resigned from the news of the world. he said at the time he didn't know what was happening on his watch. he should have known what was happening on his watch. he paid the price. he resigned. >> david cameron hired him to run his press operation barely five months after he resigned as editor of the news of the world and the paper's royal correspondent was jailed f
joined by a senior business writer for bloomberg news. -- this could impact the rupert murdoch empire, i am joined by a senior business writer for bloomberg news. what can they say that will reassure shareholders? >> i think shareholders will want to hear that the worst is past. there's a sense among shareholders -- viavoice given rupert murdoch -- they have always given rupert murdoch a bit of a break. there has always been a bit of a murdoch discount thinking he is going to do what he wants to do and do not always what is best for shareholders. they've given him a break because he has a good view long- term of where the company is going. now he and his management team look like a group that is not in front of the news. they continue to get hammered by events. they are not prepared for it. they're constantly reacting. i think shareholders will want to see that the worst is behind them and they have their arms around this and know where it will go from here. >> is there any threat to the murdochs themselves? are their personal reputations so damaged it is now a liability for management?
committee of parliament earlier this week. rupert murdoch got a boost when a saudi prince that was the largest share of the company outside of the murdoch family voiced his support. nick, tell us, news corp shares are up for the first time in about two weeks. but the independent directors have hired their own lawyer. or why? >> we are getting mixed signals from the board. they have hired lawyers to protect shareholder value and to guard against maybe their own exposure. there have also been some reports that some of the more independent directors are thinking about ways in which rupert murdoch could give up his title of ceo at the company. this is a board that he controls pretty firmly. >> who is on the board? >> is a funny bunch. there are board members that cover a lot of ground. there is an opera singer. quite a range of experience. they are there because he wants them to be. he can control them through loyalty or maybe they spend their entire career there. >> will the board wants him to be succeeded by another? or is it time for someone outside the family? >> i think w
rupert murdoch and his heir apparent jane will appear before british lawmakers. sending shock waves far and wide. the fbi has opened an investigation into allegations that murdoch's news corp. saw to hack into the phones of september 11 victims. we start tonight's coverage with this report from our deputy political editor. >> parliament has costumed the news of the -- to answer the questions of the mp's of why so many were hacked. >> my message to rebekah brooks is do the decent thing. it cannot hide away from this level of public english. >> they were reluctant witnesses. they told the committee he could not attend the future session. james murdock said he could not come. rebekah brooks said chiappone -- welcome the opportunity to do so but would not discuss anything that relates to the ongoing police investigation. the talk was of a formal summons. the threat had worked. they change their minds but they would now be coming to answer m.p.'s questions. in the second letter, james murdock said we're running to confirm our attendance by -- and concerned where are asked to yet answer furth
before i got to this town, and i am not through now. >> rupert murdoch call before a committee of the british parliament. >> do you accept that ultimately you are responsible for this fiasco? >> no. captioned by the national captioning institute --www.ncicap.org-- >> here is the deal -- as we record this program, we don't know how the debt ceiling business will play out over the weekend, but we have to put a program on the air, so here goes. president obama said this week that he hopes to elevate the tone of political discourse in washington. >> the way we run campaigns these days, the language used, the demonization of the other side, i think that has broken down some of that trust here in washington. >> anyone who witnessed his reckless spending habits over the past 2 1/2 years or sat across the negotiating table from him the past few weeks can be forgiven for being skeptical of his recent attempts to come across as a fiscal moderate. >> that is senate minority leader mitch mcconnell, who has made no secret of his hope that barack obama becomes a one-term president, but as ma
as newscorp c.e.o. rupert murdoch and his son james testified before parliament. a comedian stormed toward the senior murdoch, trying to hit him with a shaving cream pie. he wasn't hurt. both murdochs offered a string of apologies for the telephone hacking scandal that has engulfed their company, causing them to shut down their british tabloid "news of the world." >> this is the most humble day of my life. >> it's a mattered of great regret. mine, my father's and everyone at the news corporation. these do not live up to the standards that our company aspires to everywhere around the world. >> susie: despite the apologies, rupert murdoch said he would not step down as c.e.o., saying "i'm the best person to clean this up." shares of newscorp moved higher during the testimony. they finished the day up 5%, closing at 15.79. >> tom: very activelyl traded, really a broad rally today. let's take a look at tonight's market focus. stocks saw strong buying throughout the day thanks to earnings, thanks to positive housing numbers and hope for movement toward a deal on the debt limit. let's roll out d
who have said that police do not want to investigate what he has done. rupert murdoch issued a statement describing what had happened as deplorable and unacceptable. he stated that "our company must fully cooperate with the police and said that what happened under rebekah brooks' leadership." she was editor of the "news of the world," at the time some of the hacking. she was apparently away at the time. murdoch's enemies have long claimed that whoever is in power is the real puppet master. tonight, he, they, no one knows how this will end. >> joining me now from london is the deputy prime minister went tony blair was in power. 45 of his mobile phone messages were hacked into. this is a very sorry tale. it goes back to 2006 when your own messages were broken into. how evasive was that? >> the police kept in mind that that was so. i had to go to the court and force them to commit and setup a new inquiry. that is finding all of disinformation. the information was available before. why didn't the police act on it instead of the nine that my phone messages had been broken into? no
. >> tom: the scandal surrounding rupert murdoch's newscorp has spread to the u.s. the f.b.i. has opened an investigation into whether murdoch newspapers targeted the phones of 9/11 victims. it comes as rupert murdoch and his son, james, have agreed to testify before a british parliamentary panel. next week, the group will look into phone hacking and bribery by employees of newscorp's british newspaper empire. today, rupert murdoch says his company will recover from any fallout. >> susie: small businesses are often called the engine of the nation's economy. that's why tonight's commentator believes it's key to teach the nation's kids to think like entrepreneurs. with tonight's "kids and cash," here's jack harris, president of junior achievement of georgia. >> for generations, we've been taught to believe in the american dream-- owning a house, buying a car, living the good life. but this generation of kids could be the first that might not do better financially than their parents. that's why it's so important to teach business to children at a young age. at junior achievement, we work wi
hiring a former tabloid editor who's since resigned and been arrested and about rupert murdoch's aborted bid for b-sky-b-- british sky broadcasting. we start with a report from gary gibbon of "independent television news." >> reporter: rupert murdoch flew the prime minister postponed parliament's summer break by a day to try to re-establish his own standing with a statement and debate. after two weeks of resisting pressure for a full-scale apology for hiring andy coulson david cameron edged towards one and he said people would hear the full genuine article if andy coulson was found to have lied. >> i have an old fashioned view about innocent until proven guilty. but if it turns out i've been lied to that would be a moment for a profound apology. and in that event i can tell you i will not fall short. people will of course make judgements about it. of course i regret and i am extremely sorry about the furore it has caused with 20/20 hindsight and all that has followed i would not have offered him the job and i expect that he would not have taken it. but you don't make decisions in hindsig
. the rupert murdoch media empire news corporation dropped its bid today to take over british sky broadcasting. it was the latest fallout from the firestorm of allegations that murdoch tabloids hacked into phones of celebrities, royals and even murder victims. we have a report from gary gibbon of independent television news. >> reporter: for decades, he's loomed over british politics. feted by politicians, rarely denied his wishes. but today, parliament rose up as one, all three main parties united, telling rupert murdoch he could not expand his media ownership here, right now. and he buckled. in a statement on their takeover plans, news corp said thait was too difficult to progress in this climate, but that news corp reserves the right to make an offer at a later date. >> i think this is the right decision, i've been saying that this company clearly needs to sort out the problems there are at news international, at the "news of the world." that must be the priority, not takeovers, so the right >> reporter: it's a huge blow for james murdoch, third in command at his father's company. buying b-
leader. they are calling for rupert murdoch to withdraw his bid. they will have the option to say knows to news corp.. if they agreed to appear next week. >> there has been fresh violence in northern ireland tonight. there was an attempt to prevent the nationalists to prevent marches. tens of thousands of younis -- unionists turned out for the march. the founder of the websites wikileaks has begun the appeal of his extradition from britain to sweden. he said that the case against him was politically motivated after his website published tens of thousands of american cables last year. russia has than observing a day of mourning after as many as 110 people died after a boat sank. a tourist boat sank on sunday. contagion, it is the work that is driving fear throughout the financial market. fears about the stability of spain and italy drove shares lower. that is all happening against the backdrop of the meeting of euro zone finance ministers to discuss a second bailout of greece. >> europe's debt crisis spread dangerously far today to the third and biggest economy in the bureau's own. the i
of the power passing away in some respect. i don't know when, i don't know how quickly, but rupert murdoch did ok like a spent force. james, i've heard quite divided responses on how h performed. if i re a shareholder, i wouldn't be too happy about him. i thought that -- that he was -- he seemed evasive and repetitive, which to be fair to him i think when he weing asked also repetiti questions, in that surroundingt wasn't very surprising, but he wasn't -- he dn't -- he didn't rely, i think, equate himlf thnough honor to assure the succession. so i'm rather thinking that this is the beginning of the end of an era. >> the judgment is still out on that. i think that it took about an hour for rupert murdoch, who really is a -- as we know a formidable figure -- to at least wake up or at least become engaged. i think heook some time to adjust to the fact that there he was, being pummeled, having questions asked of him. that's not the role he's accustomed of. he's normally chairman, in charge, asking the questions. so that was a little bit of a psychological shock. he did look detached, rd of hearing
"news of the world". the rupert murdoch media conglomerate has closed the paper. and it delayed efforts today to take over another company, british sky broadcasting or, b- sky-b. we have a report from gary gibbon of "independent television news." >> reporter: gordon brown wooed the murdoch empire like the best of them. but they turned on him, backing david cameron in the last election. today, he turned on them. gordon brown believes his phone and that of his wife may have been hacked into by the "news of the world." he believes someone working on behalf of the "sunday times" accessed his bank account and he believes his son's medical records were obtained by the "sun" newspaper. >> that they had information that fraser had cystic fibrosis which was a matter that they the family were just getting their heads around at the time and dealing with. >> reporter: it was a fast moving day of swirling allegations, political and corporate positioning. amongst the allegations, it was suggested that royal protection officers in the police force had sold confidential royal numbers to the news of the
for rupert murdoch's news corp from ned temko of the "london observer." >> ifill: then, we examine president obama's pick to lead a new consumer protection agency. >> woodruff: from indonesia, ray suarez reports on a nation coming to grips with mental health disorders even as its institutions lock up and chain patients. >> this enormous country has almost no psychiatrists,çç leaving the mentally ill with very few options for treatment. >> ifill: kwame holman brings us the latest on the showdown over raising the government's borrowing limit. >> woodruff: and jeffrey brown talks to legendary concert pianist leon fleisher about overcoming a disability that nearly silenced his career. >> if there was a way that i could remain active in music without playing with two hands, well, i had to find it. >> ifill: that's all ahead on tonight's "newshour."çç major funding for the pbs newshour has been provided by: >> oil companies have changed my country. >> oil companies can make a difference. >> we have the chance to build the economy. >> create jobs, keep people healthy and improve schools. >>
selling sunday tabloid and part of rupert murdoch of global media empire at news corp. has been dogged by claims of phone hacking. now the story has taken another twist. today, prime minister, david cameron, spoke of his shock over allegations that a mobile phone belonging to a young british girl murdered nine years ago was hacked into by a private detective working for the newspaper. >> for months, this scandal has been growing and growing as more and more celebrities and politicians aren't formed their phones had been hacked. but now, and much more serious allegation has shocked the country. a 13-year-old went missing in 2002. her body was found six months later. the latest claim is that the news of the world packed into her phone while she was missing and some messages may have been deleted in the process. david cameron, who is on a trip to afghanistan, made his feelings clear. >> if they are true, this is a truly dreadful act and a truly dreadful situation. what i read in the papers is quite, quite shocking, that someone could do this, actually knowing the police were trying to fin
-torn country. >> ifill: ray suarez explores what's next for rupert murdoch's media empire, as the investigation expands into the phone hacking scandal. >> woodruff: we update budget negotiations in washington and examine the consequences if lawmakers fail to raise the debt ceiling by the august 2 deadline. >> ifill: tom bearden tells the story of citizen scientists-- some quite young-- on the hunt for ladybugs. >> oh, they're beauties. we can't keep them, sweetie. we're just going to take their picture. >> woodruff: and we reflect on the life of betty ford, as friends, family, and dignitaries gather to pay ibute to the former first lady, who died friday. >> i'm sure they will remember me in recovery and perhaps with equal rights amendment. if i hadn't been married to my husband, i never would have had the voice that i did. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> okay, listen. somebody has got to get serious. >> i think... >> we need renewable energy. >> ...renewable energy is vital to our planet. >> you hear about alternat
sell its $6 million share in rupert murdoch news corporation can unless the organization conducts a full and open inquiry into the recent phone hacking scandal. church leaders called the actions of murdoch's british tabloid, the news of the world, "utterly reprehensible and unethical. and finally, during its coverage of last month's u.s. open golf tournament, nbc ran a montage that included the pledge of allegiance to the flag. most of it. it left out the words "under god, indivisible. members of congress, among others, complained and nbc this week formally apologized. it said there was nothing ideological about the omission, and that the employees involved have been reprimanded. that's our program for now. i'm bob abernethy. you can follow us on twitter and facebook, find us on youtube, and watch us anytime, anywhere on smart phones and iphones. there's also much more on our web site. you can comment on all of our stories and share them. audio and video podcasts are also available -- join us at pbs. org. as we leave you, music from the liturgy of lament, for the victims of sex ab
to streetcritique@nbr.com. new pressure today for newscorp chairman rupert murdoch to abandon his bid for satellite broadcaster b. sky b. the u.k. government says it will support a non-binding motion in parliament urging newscorp to drop the deal. murdoch has also been asked to answer questions about the phone-hacking scandal surrounding his tabloid, "the news of the world." u.s. regulators say they're not investigating newscorp, but that if issues arise with any of murdoch's u.s. media properties, they will. >> tom: the much-anticipated consumer finance protection bureau will open its doors later this month. the woman setting up the agency, elizabeth warren, said the agency will begin overseeing the nation's biggest banks on july 21. specifically, it will look at how banks with more than $10 billion in assets comply with consumer finance laws. the bureau was set up as part of the dodd/frank financial overhaul passed by congress last summer. >> susie: when it comes to finding common ground in washington, tonight's commentator asks, what does it really mean to be somewhere in the middle? here's tim
engulfing rupert murdoch's newscorp. now many advertisers, including ford and virgin, are bailing on the "news of the world" tabloid. the paper is under fire for intruding into private voicemails of sports and film stars, politicians and even a murder victim. murdoch said today he will keep the paper's c.e.o. rebekkah brooks in her job, despite calls for her resignation. >> tom: it took almost two decades, but the u.s. and mexico have finally signed a deal to let each other's trucks have unlimited access to each other's highways. this provision was originally part of the nafta agreement, signed back in 1994, but both countries argued for years over safety and financial issues. and there's still opposition. the teamsters union says the deal is probably illegal and opens the border to dangerous trucks. >> susie: in the "money file," making your good credit score work harder for you. here's donna rosato, senior writer at "money magazine." >> got a good credit score? you do if you've got a score of 740 or higher. just one third of americans are members of that elite club. if you're on
scandal surrounding rupert murdoch's newscorp continues to grow. his next deal could be in jeopardy. the british government is taking a tougher stance on newscorp's proposed takeover of satellite television company british sky broadcasting. the deal has come under a full- scale inquiry by britain's competition commission. separately, newscorp today withdrew its offer to spin off sky news if the b. sky b. deal is approved. >> susie: while washington is focused on the debt debate, tonight's commentator wants to have a bigger conversation about growth. he's glenn hubbard, dean of the graduate school of business at columbia and former top economic advisor to president george w. bush. >> our current national debate over fiscal austerity masks a conversation we need to have about growth-- to raise incomes and create jobs. faster growth doesn't just happen. a supportive policy environment is needed. we need to encourage participation in the workforce and to provide education and training that match the skills required for today and tomorrow. the productivity of our workforce also depends o
-- will be its last. in sun valley, idaho today, media mogul rupert murdoch-- owner of parent company news corporation-- had no comment on the tabloid's closure. but his son james murdoch said in a statement to staffers: fundamentally, action taken a number of years ago by certain individuals, in what had been a good newsroom have breached the trust that the news of the world has with its readers. >> warner: those mistakes first came to light in 2005 when "news of the world" was accused of hacking into cell phone messages of members of the royal family and famous actors. other revelations followed, amid an ongoing but fitful police inquiry. this week, public outrage exploded with leaks from that inquiry, that the family of a murdered teenager milly dowler had been victimized. a private detective working for "news of the world" allegedly hacked her voice mail after she disappeared in 2002, and deleted some messages. the activity on her phone account gave them false hope she was still alive. then yesterday, relatives of victims of london's so-called 7/7 terror attacks in 2005 said they'd bee
to the u.s. today. it was widely reported that the f.b.i. is investigating whether a rupert murdoch tabloid in london tried to access voicemails of 9/11 victims. and murdoch defended his handling of the scandal, speaking to "the wall street journal," which he also owns. he said he's just getting annoyed at all the criticism of his company. a federal judge in washington has declared a mistrial just two days into the perjury trial of baseball great roger clemens. the judge acted after prosecutors showed the jury some evidence that had already been disallowed. clemens is accused of lying to congress when he said he never used steroids. he had nothing to say as he left the courthouse. the judge set a september hearing to decide on holding a new trial. a suicide bomber in afghanistan killed five people today at a memorial service for ahmed wali karzai-- half-brother of the afghan president. the bomber blew himself up at ae kandahar mosque where the service was under way. president karzai was not attending. the attack came as a u.n. report said afghan civilian deaths are up 15 percent from a year
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